Wednesday, May 7, 2025 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker/Owner
Trinity Real Estate Consultants
647-697-6743
matthew@searchhomesingta.com
Stating that you want to buy an apartment can raise some eyebrows. You might even hear some people say that with the volatility of the current market, it’s not even possible, what with how in-demand housing is, and how much it can cost.
In addition, if you were to search for triplexes and multiplexes, you’d notice that those properties for sale are entire buildings, not individual units. Ask listing agents, and most would offer you condos. So, before getting on to the cost of apartments, it would be best to clarify first how they differ from condos. After that, this article will address the relevant legalities in Toronto real estate.
Difference Between Apartments and Condos
Many people think that the main difference between apartments and condos comes down to prestige and cost. People assume that apartments are . ...
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Wednesday, April 23, 2025 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker/Owner
Trinity Real Estate Consultants
647-697-6743
matthew@searchhomesingta.com
As of today’s date, a quick Google search will tell you the average cost of a one-bedroom condo in Toronto is $579,000. At that price, even if you had a 10% down payment, your monthly mortgage payments over a 20-year amortization would be about $2,700 a month.
Now that you’ve gotten the information you came for, let’s explore this a bit deeper, because of course, your situation is unique to you, and there will be some variables to consider when looking for your perfect condo.
In this article, we’ll breakdown what contributes to the average cost of a condo, and how you can adjust your preferences (and possibly lower your expectations) to find the condo of your dreams in Toronto.
Three Things That Effect the Price of Condos
Amenities
It goes without saying that there are some pretty amazing condo buildings poppi! ...
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Wednesday, March 26, 2025 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker/Owner
Trinity Real Estate Consultants
647-697-6743
matthew@searchhomesingta.com
Some people consider multiple offers and bidding wars as the same. That is not entirely accurate because it is much more like a progression of one to the other. At any rate, differentiating the two and having a better understanding of the bidding process helps you in more ways than one. At best, you can avoid getting into a bidding war. If you were to find yourself in such a situation, your chances of owning that dream home are better. More importantly, you can avoid spending much more than intended.
Multiple Offers vs. Bidding Wars
When two or more buyers submit a written offer to buy a property, a “multiple offer” situation arises. On the other hand, a bidding war typically involves oral negotiations between the seller and each of the buyers’ agents. Its purpose is to make buyers outbid each other incrementally.
Lis! ...
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Wednesday, February 26, 2025 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker/Owner
Trinity Real Estate Consultants
647-697-6743
matthew@searchhomesingta.com
Chances are that you stumbled across this article because you want to learn about when the best time of year is to buy a home. Honestly, there is no one singular best time of year to buy a home.
Yes, you read that correctly, no one month or season is better for buying a home than another. You might be wondering why we are making this argument.
Here is something to consider. The best time of year to buy a home will be different for every person and family. The best time of year for you to buy a home will depend on factors such as, your schedule, your financial situation, how much money you have saved up, your needs, where you are looking to buy, what you are looking for, etc.
It is important to consider that the best time for you to buy a home will depend on your location. You might be wondering what do we mean by this?
For example, if! ...
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Wednesday, February 5, 2025 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker/Owner
Trinity Real Estate Consultants
647-697-6743
matthew@searchhomesingta.com
Chances are that you have stumbled upon this article because you have heard about off-market real estate deals in Toronto and want to learn more about them. In this article, we will explain what off-market means when you are buying or selling a home as part of a real estate transaction, some ways you can go about finding an off-market real estate deal, the pros and cons of off-market real estate deals for sellers and buyers.
What does off-market mean in real estate terms?
Frequently, when people are listing their homes for sale, they are working with a local real estate agent or broker who will be posting their home on the Multiple Listing Service (MLS). Using the MLS allows real estate agents and brokers to advertise a property they are selling to a wide variety of potential buyers and investors.
However, MLS is not the only way. ...
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